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California Resources (CRC) Revenue & Revenue Breakdown

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California Resources Revenue Highlights

Latest Revenue (Y)

$2.81B

Latest Revenue (Q)

$1.35B

Main Segment (Y)

Marketing And Trading

California Resources Revenue by Period

California Resources Revenue by Year

DateRevenueChange
2023-12-31$2.81B-13.66%
2022-12-31$3.26B27.02%
2021-12-31$2.56B59.42%
2020-12-31$1.61B-40.25%
2019-12-31$2.69B-12.08%
2018-12-31$3.06B46.14%
2017-12-31$2.10B19.57%
2016-12-31$1.75B-27.05%
2015-12-31$2.40B-42.42%
2014-12-31$4.17B-2.61%
2013-12-31$4.29B5.21%
2012-12-31$4.07B3.43%
2011-12-31$3.94B-

California Resources generated $2.81B in revenue during NA 2023, up -13.66% compared to the previous quarter, and up 91.84% compared to the same period a year ago.

California Resources Revenue by Quarter

DateRevenueChange
2024-09-30$1.35B165.82%
2024-06-30$509.00M-1.74%
2024-03-31$518.00M-14.66%
2023-12-31$607.00M-8.58%
2023-09-30$664.00M18.57%
2023-06-30$560.00M-42.97%
2023-03-31$982.00M20.64%
2022-12-31$814.00M-7.71%
2022-09-30$882.00M4.13%
2022-06-30$847.00M18.46%
2022-03-31$715.00M1.13%
2021-12-31$707.00M-0.84%
2021-09-30$713.00M25.31%
2021-06-30$569.00M-1.22%
2021-03-31$576.00M35.21%
2020-12-31$426.00M4.16%
2020-09-30$409.00M46.07%
2020-06-30$280.00M-43.32%
2020-03-31$494.00M-22.57%
2019-12-31$638.00M-0.93%
2019-09-30$644.00M1.90%
2019-06-30$632.00M-18.87%
2019-03-31$779.00M-4.77%
2018-12-31$818.00M-7.26%
2018-09-30$882.00M23.18%
2018-06-30$716.00M10.66%
2018-03-31$647.00M8.56%
2017-12-31$596.00M16.86%
2017-09-30$510.00M7.82%
2017-06-30$473.00M-8.51%
2017-03-31$517.00M3.19%
2016-12-31$501.00M6.60%
2016-09-30$470.00M8.05%
2016-06-30$435.00M35.09%
2016-03-31$322.00M-43.11%
2015-12-31$566.00M-9.58%
2015-09-30$626.00M-1.26%
2015-06-30$634.00M9.88%
2015-03-31$577.00M-29.63%
2014-12-31$820.00M-24.91%
2014-09-30$1.09B-4.21%
2014-06-30$1.14B1.69%
2014-03-31$1.12B3.80%
2013-12-31$1.08B-2.44%
2013-09-30$1.11B5.43%
2013-06-30$1.05B0.19%
2013-03-31$1.05B-

California Resources generated $1.35B in revenue during Q3 2024, up 165.82% compared to the previous quarter, and up 241.61% compared to the same period a year ago.

California Resources Revenue Breakdown

California Resources Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 22Dec 21Dec 19Dec 18
Product and Service, Other$40.00M$33.00M--
Marketing And Trading$314.00M$312.00M--
Sale Of Electricity$261.00M$172.00M--
Propane--$179.00M-
Natural Gas, Production--$207.00M-
Oil and Condensate--$1.88B-
Natural Gas Production---$220.00M
Oil And Condensate---$2.11B
Public Utilities Inventory Propane---$260.00M

California Resources's latest annual revenue breakdown by segment (product or service), as of Dec 22: Marketing And Trading (51.06%), Sale Of Electricity (42.44%), and Product and Service, Other (6.50%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Natural Gas, Production$26.00M$48.00M$61.00M$117.00M$82.00M$32.00M$34.00M$26.00M$38.00M$52.00M$50.00M$43.00M--------
Propane$44.00M$49.00M$47.00M$59.00M$76.00M$29.00M$32.00M$26.00M$36.00M$47.00M$34.00M$39.00M--------
Oil and Condensate$804.00M$348.00M$402.00M$441.00M$431.00M$176.00M$246.00M$193.00M$356.00M$451.00M$457.00M$496.00M--------
Sale Of Purchased Natural Gas---$72.00M$184.00M$113.00M$75.00M$32.00M$95.00M-----------
Product and Service, Other---$7.00M$15.00M$1.00M$5.00M$21.00M$4.00M$10.00M$13.00M$4.00M--------
Sale Of Electricity---$34.00M$68.00M$88.00M$49.00M$34.00M$65.00M$33.00M$33.00M$15.00M$43.00M$19.00M$13.00M$38.00M$16.00M---
Marketing And Trading-----------$48.00M$98.00M-------
Marketing, Trading, and Other-------------$38.00M$16.00M$51.00M----
Interest-------------$3.00M------
Marketing and Trading Revenue--------------$50.00M-----
Trading Income From Marketing------------------$65.00M$38.00M

California Resources's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Oil and Condensate (91.99%), Propane (5.03%), and Natural Gas, Production (2.97%).

California Resources Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
PHXPHX Minerals$37.60T$8.12M
CHRDChord Energy$3.90B$1.45B
CIVICivitas Resources$3.48B$1.27B
MTDRMatador Resources Company$2.82B$894.07M
CRCCalifornia Resources$2.81B$1.35B
CRKComstock Resources$1.57B$253.63M
CNXCNX Resources$1.51B$424.21M
MGYMagnolia Oil & Gas$1.23B$333.13M
GPORGulfport Energy$1.05B$107.01M
BRYBerry$903.46M$259.78M
GPRKGeoPark$756.60M$167.42M
GRNTGranite Ridge Resources$394.07M$94.08M
EPSNEpsilon Energy$30.73M$7.29M

CRC Revenue FAQ

What is California Resources’s yearly revenue?

California Resources's yearly revenue for 2023 was $2.81B, representing a decrease of -13.66% compared to 2022. The company's yearly revenue for 2022 was $3.26B, representing an increase of 27.02% compared to 2021. CRC's yearly revenue for 2021 was $2.56B, representing an increase of 59.42% compared to 2020.

What is California Resources’s quarterly revenue?

California Resources's quarterly revenue for Q3 2024 was $1.35B, a 165.82% increase from the previous quarter (Q2 2024), and a 103.77% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $509M, a -1.74% decrease from the previous quarter (Q1 2024), and a -9.11% decrease year-over-year (Q2 2023). CRC's quarterly revenue for Q1 2024 was $518M, a -14.66% decrease from the previous quarter (Q4 2023), and a -47.25% decrease year-over-year (Q1 2023).

What is California Resources’s revenue growth rate?

California Resources's revenue growth rate for the last 3 years (2021-2023) was 9.67%, and for the last 5 years (2019-2023) was 4.46%.

What are California Resources’s revenue streams?

California Resources's revenue streams in c 22 are Product and Service, Other, Marketing And Trading, and Sale Of Electricity. Product and Service, Other generated $40M in revenue, accounting 6.50% of the company's total revenue, up 21.21% year-over-year. Marketing And Trading generated $314M in revenue, accounting 51.06% of the company's total revenue, up 0.64% year-over-year. Sale Of Electricity generated $261M in revenue, accounting 42.44% of the company's total revenue, up 51.74% year-over-year.

What is California Resources’s main source of revenue?

For the fiscal year ending Dec 22, the largest source of revenue of California Resources was Marketing And Trading. This segment made a revenue of $314M, representing 51.06% of the company's total revenue.